📉 Looking at the $AAPL 1-hour chart, the stock suffered a massive drop from the $314 level but has successfully found local support around the $288.00 - $290.00 zone.
We can see a clear double bottom structure forming near the bottom support line. The price is currently breaking up, and the SSL channel is on the verge of a bullish crossover (green line flipping above red), signaling an early trend reversal for a quick relief rally.
🎯 Trade Setup (Spot Trading Only):
🟢 Entry Zone: $291.00 – $293.00 (Buy near current market price or on slight dips
🎯 Take Profit 1 (TP1): $298.00 (First major psychological resistance)
🎯 Take Profit 2 (TP2): $304.00 (Mid-term relief rally target)
🛑 Stop Loss (SL): $286.50 (Daily candle close below the local swing low)
⚠️ Engagement Question: Do you think AAPL will easily reclaim the $300 mark this week, or is this just a dead cat bounce? Share your predictions below! 👇
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